Manufacturers of Anti-Fatigue Mats Exhibit Diversification of Portfolio; ‘Raising Awareness’ Becomes the Ticket to New Markets: FactMR
Verfasser: ashwani_kailiya on Wednesday, 14 August 2019According to a recent FactMR study, ~3 million units of anti-fatigue mats were sold in 2018, and sales are envisaged to grow 1.3X during 2019 to 2029. The industrial settings are highly likely to account for a significant market share in 2019 but will possibly lose their market position later, to commercial as well as the residential user base, as per the report findings.
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Growing adoption of the active office culture in various countries has driven the applications of the anti-fatigue mats in commercial settings, which is highly likely to emerge as a lucrative sector to tap in the years to come. As the health and wellness trend continues to shape consumer lifestyle- both professional and personal, demand for safer and convenience-driven infrastructure is picking pace. Innovation-led product diversification will remain the key growth determinant for stakeholders that are targeting a wider pool of customers.
The Spotlight is still on the Developing Regions